SCHEDULE: Lafayette Digital Sponsor I Discloses 25.63% Stake

Lafayette Digital Sponsor I, LLC and Samuel A. Jernigan IV reported a combined beneficial ownership of 25.63% in Lafayette Digital Acquisition Corp. I.

Summary

• Lafayette Digital Sponsor I, LLC and Samuel A. Jernigan IV jointly reported beneficial ownership of 10,018,333 Ordinary Shares in Lafayette Digital Acquisition Corp. I.
• This represents 25.63% of the issuer's Class A Ordinary Shares, based on 39,093,333 shares outstanding.
• The ownership consists of 435,000 Class A Ordinary Shares and 9,583,333 Class B Ordinary Shares, which are convertible into Class A Ordinary Shares on a one-for-one basis.
• The 435,000 Class A Ordinary Shares were acquired as part of units under a Private Units Purchase Agreement dated January 8, 2026.
• Each unit includes one Class A Ordinary Share and one-fourth of a redeemable warrant, with each whole warrant allowing purchase of one Class A Ordinary Share at a price of $11.50 per share.
• The reported amount excludes 108,750 Class A Ordinary Shares issuable upon exercise of the warrants that comprise the units.
• Samuel A. Jernigan IV, as managing member of Lafayette Management I LLC (the managing member of the Sponsor), holds voting and investment discretion over these shares.

Sentiment

Score: 5

Explanation: The filing is a factual, regulatory disclosure of beneficial ownership by the sponsor and its principal, with no explicit positive or negative operational news. The significant stake is expected for a sponsor.

Positives

• The Sponsor and its managing member have a significant ownership stake of 25.63%, indicating strong alignment with the company's future.

Risks

• The 9,583,333 Class B Ordinary Shares are convertible into Class A Ordinary Shares, which could lead to dilution for existing Class A shareholders upon conversion, especially after a business combination.
• The value of the warrants is subject to the Class A Ordinary Share price and the $11.50 exercise price, introducing potential for loss if the share price does not exceed this threshold.

Future Outlook

Not applicable, as this filing is a disclosure of beneficial ownership and does not provide forward-looking statements or guidance from the issuer.

Management Comments

• Samuel A. Jernigan IV, is the managing member of Lafayette Management I LLC, the managing member of the Sponsor and holds voting and investment discretion with respect to the Ordinary Shares held of record by the Sponsor.
• Mr. Jernigan disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Industry Context

This filing is a standard disclosure for a SPAC sponsor and its principal, reporting their initial or updated beneficial ownership stake. Such filings are common in the SPAC lifecycle, typically following the initial public offering and private placement of sponsor units, and indicate the foundational ownership structure before a de-SPAC transaction.

Related Party Transactions

• Lafayette Digital Sponsor I, LLC (the "Sponsor") acquired 435,000 Class A Ordinary Shares as part of units pursuant to a Private Units Purchase Agreement dated January 8, 2026, with Lafayette Digital Acquisition Corp. I (the "Issuer").
• Samuel A. Jernigan IV, as the managing member of the Sponsor's managing member, holds voting and investment discretion over the Sponsor's shares.

Stakeholder Impact

• Shareholders: The significant ownership stake by the Sponsor and its principal aligns their interests with other shareholders, but the convertibility of Class B shares and potential exercise of warrants could impact future share structure.
• Management: The principal, Samuel A. Jernigan IV, maintains voting and investment discretion over a substantial portion of the company's shares, reinforcing management's control.

Key Dates

Keywords

Lafayette Digital Acquisition Corp. I, Schedule 13G, Beneficial Ownership, SPAC, Sponsor, Samuel A. Jernigan IV, Class A Ordinary Shares, Class B Ordinary Shares, Warrants, Private Units Purchase Agreement